Regional Innovation and Startup Education Inc

Analysis

Regional Innovation and Startup Education Inc is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Regional Innovation and Startup Education Inc reported income of $900k and spending of $694k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to June 2023, income grew from $157k to $900k (+472%), an average of +79% a year. The sharpest change came in the year to December 2021, when income rose by 384%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Regional Innovation and Startup Education Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Global Business School Network ($900k), Riverside Christian Training School ($900k) and Township Seven Ems Inc ($900k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Other salaries and wages came to $346k. At year end it held assets of $401k against liabilities of $115k, net assets of $286k. It reported 13 employees.